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Bernanke puzzled – here’s why « Getting at the truth

Escape from Paradise, – A Best Selling Book!

The book’s sensational reviews!

It took me two and a half evenings to complete your un-put-downable book…it is a unique contribution to the appreciation of a life in Singapore. Thank you for having written it.” C. V. Devan Nair, former President of Singapore.

Bought the book from Select this weekend and can’t put it down! It’s a great read! And so nostalgic for me—the good old days! Glen Goei, writer and director of the Miramax film That’s the Way I Like It and who played the title role opposite Anthony Hopkins in the London production of M. Butterfly. Mr. Goei’s latest film is The Blue Mansion – Click for the trailer!

It is a remarkable story and so full of intrigue that it reads at times like fiction.Jonathan Burnham, Editor in Chief & President, Talk Miramax Books.

“It’s quite a story The legendary Alice Mayhew, Vice-President & Editorial Director, Simon & Schuster.

This book out-Dallas, Dallas. No one has written so well of the other side of paradise,Francis T. Seow, former Solicitor General of Singapore

ThunderBall Films is successfully putting together the movie production of Escape from Paradise and has received a new LOI (Letter of Intent) from actress Bai Ling who starred with Richard Gere in the film Red Cross.

Buy the Book!

Escape from Paradise – the Promotional Trailer

Mary Bancroft – Master Spy

“I can’t understand what the f–k you are saying.” The voice came from an elderly lady in the back row of my computer class. It was from Mary Bancroft, a part owner of The Wall Street Journal. She is the author of Autobiography of a Spy and was the woman behind the plot to kill Hitler, the lover of CIA chief, Allen Dulles, the lady who invited me to dinner to meet Woody Allen and, yes, Mary Bancroft was my computer student.

Click to buy: https://amzn.to/2V6MOwC


Copyright © 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020 John Harding

Bernanke puzzled – here’s why

Ben Bernanke - Spin Doctor

The economy’s continuing struggles aren’t just confounding ordinary Americans. They’ve also stumped the head of the Federal Reserve—if you can believe that.

Fed Chairman Ben Bernanke told reporters Wednesday that the central bank had been caught off guard by recent signs of deterioration in the economy. And he said the troubles could continue into next year.

“We don’t have a precise read on why this slower pace of growth is persisting,” Bernanke said. He said the weak housing market and problems in the banking system might be “more persistent than we thought.”

The Fed cut its forecast for economic growth this year to a range of 2.7 percent to 2.9 percent which is less than the inflation rate of 3+% (which means negative growth—which is a recession.

Bernanke also said unemployment would stay higher than it had expected earlier.

Bernanke isn’t puzzled; he just does not want to be truthful on how to cure the U.S. economy. In hiding the facts, Bernanke has a lot of company including Obama and the media.

The true facts are hidden because Big Business and their lobbyists are hiding the truth. Big business does want to lose its source of cheap non-American labor, which includes illegal immigrants.

Here comes the truth.

The total U.S. labor force is 153 million. Of these, 13 million are unemployed.

According to the U.S. Census, there are 8 million illegal immigrants that are employed.

If the 8 million illegal immigrants were to lose their jobs and be replaced by Americans, there would be only 5 million unemployed Americans, and the unemployment rate would drop to 3.7%.

Problem solved.

To keep the problem from being solved for the benefit of Big Business, and the U.S. is not enforcing its laws—and it would be so easy to do so.

Here’s how:

eVerify, click to visit

eVerify, click to visit

U.S. law requires companies to employ only individuals who may legally work in the United States—either U.S. citizens, or foreign citizens who have the necessary authorization.

Contrary to what Americans have been led to believe, not all illegal aliens are “just fruit pickers.” Only 4% of illegals are employed in agriculture and 20% in construction. Surprise, surprise!

Illegal employees can be weeded out by a very simple U.S. government Internet system called eVerify, which is free and easy to use.

eVerify checks the employee against the Social Security database.  If the employee does not pass the eVerify test, that employee is not qualified to work in America, and must be fired.

Firing illegal aliens puts no burden on the government—no one is being deported. Hopefully, however, without a job, the illegal alien will leave the U.S.

Of course, this is the last thing that Big Business, and their lackies, including Obama, Bernanke, the media, etc. want.

Americans should vote at the ballot box to rid the workforce of illegal aliens and bring the unemployment rate down to 3.7%

3 comments to Bernanke puzzled – here’s why

  • Common Sense Arab

    “Americans should vote at the ballot box to rid the workforce of illegal aliens and bring the unemployment rate down to 3.7%”.

    If only it were that simple.

    Are Americans so sure that a president other than Obama will be any different? For the better, that is?

  • It’s not simple because the powers that be enjoy the benefits of illegal alien workers. However, as the depression worsens, there may be hope.

  • Facts of life

    The Americans can start their own Jasmine Revolution or
    Eagle Soar Revolution.
    The sooner they(Americans) start the revolution, the earlier
    they enjoy less destructions to their wellbeings and naturally suffer
    less damages. And all future US Presidents will also understand the people(Americans) better and also know Americans do not want to be neglected by their leaders.